Which of these is a legal term related to future rights in a property?

The term "reversionary right" pertains specifically to future rights associated with property ownership. It indicates a situation where an owner (the grantor) conveys a property to another party (the grantee) but retains the right to reclaim ownership of that property under certain conditions. This legal concept is grounded in property law and is crucial in understanding how property rights can change over time and under different circumstances.

In contrast, an affidavit is a written statement confirmed by oath or affirmation, often used as evidence in legal proceedings but does not relate directly to property rights in the future. A quitclaim deed is a method of transferring property interests but does not inherently create future rights; it merely allows a party to relinquish any claims they may have to the property without guaranteeing that they hold the title. Estoppel is a legal principle that prevents someone from arguing something contrary to a claim made or implied by their previous actions or statements, which does not directly connect to the concept of future rights in property.

The nuance of reversionary rights is significant in estate planning and property transactions, emphasizing the importance of understanding the implications of such rights when dealing with real estate.